The effectiveness of concentrators largely depends on the quality of reflective surfaces, as well as on the parabolic shape. In the case of the slightest deviation, the rays will not fall on the receiver tube. To achieve maximum efficiency, the solar thermal power construction concentrator must constantly follow the sun.

Hydraulic systems are usually used to move large elements, but the specific technical solution will depend on many factors. Heliostats are usually controlled by sensors that determine the position of the collectors relative to the sun, as well as using special software.

Energy generation by solar thermal power plants largely depends on the coating materials and the composition of the heat transfer fluid.

To prevent heat loss in the ambient air, the receiver tube is placed in a vacuum jacket. Among the many possible solutions, engineers have to choose the most suitable for each situation, for certain operating conditions. 

Solar thermal power plant construction 

The potential for solar radiation is 8,000 times greater than global energy needs. This means that 1% of the Sahara’s area is sufficient to meet global needs using solar thermal energy.

The construction of highly-effective solar thermal power plants construction in developing countries offers economic opportunities industry and communities.

The benefits of solar thermal plants construction and solar energy for businesses include:

• renewable energy source;
• reduction in dependence on fossil fuels;
• solar energy is completely safe for the environment;
• the possibility of combining with other systems;
• well-studied and reliable technologies;
• compact equipment;
• high payback.

Solar thermal power construction with parabolic collectors are already widely used in the USA, Spain and other countries.

In these systems, parabolic mirrors concentrate the sun’s rays on the receiver tube through which the heat transfer fluid passes. Heated liquid is supplied to the generator unit, where heat is used to evaporate water. Steam drives the turbines and generates electricity.

Although the technology is used commercially, research in this area still continues to optimize system components.

More than 95% of existing solar thermal power plants operate with parabolic concentrators. Fresnel systems, which are much cheaper and easier to maintain, are an interesting alternative to parabolic systems.

The global capacity of such plants is currently estimated at more than 50 MW.

With the assistance of our high net-worth-Angel investors, we provide financing for solar thermal power plants  construction under the EPC contract. 

Experts carry out a feasibility study, detailed design, equipment procurement, installation and configuration of all components.

We offer alternative energy generation technologies that are affordable and attractive to customers. Our work is aimed at reducing costs by improving the design and automation of the operation and maintenance of energy systems.

The cost of building a solar thermal energy

If we are talking about an advanced power plant, which is able to accumulate up to 1000 MWh of thermal energy, the cost of construction increases to 550.000-650.000 euros for each MW of installed capacity.

Consequently, the construction of a 50 MW power plant without the possibility of heat storage is about 200-220 million euros, compared with 270-320 million euros for solar thermal power plants of similar capacity with heat storage based on a system of molten inorganic salts.

The cost of a solar thermal power construction varies depending on its location, exact configuration, equipment selection and capacity.

On average, a 50 MW solar thermal power plant, the most common option in Europe, costs 400.000-450.000 euros per MW of installed capacity.

It should be borne in mind that each project is individual. In addition, the cost of constructing such facilities is rapidly decreasing as a result of cheaper solar technologies.

Currently, there is a tendency to reduce the cost of basic equipment in solar energy, including the cost of absorber tubes, solar panels and other components. At the same time, mature well-developed technologies, such as transformers, change little in price.

This cost includes the design, obtaining permits for the construction and rental of land, the purchase and supply of equipment and materials, the installation of components, as well as a number of additional variable costs.

The total cost of a solar thermal power plant depends on the cost of collecting and supplying water, the construction of an electrical substation and power lines, as well as the purchase (rent) price of a land plot. 

Financing the construction of solar thermal power plants: our services

The benefits of an EPC contract for your business are obvious:
• fixed cost of the project without any unforeseen expenses;
• adherence to the construction and commissioning schedule in accordance with the contract;
• minimal customer involvement, which saves the time of your employees;
• the principle of a single window, which greatly simplifies control of the project.

We and our partners have extensive experience in financing of solar thermal power construction.

Are you looking for a EPC contractor who will undertake a feasibility study, design, equipment procurement, construction and quality management, testing and commissioning of solar thermal power plant?

Do you need a reliable partner to expand existing energy systems?

CP Finance UK will help your business in the implementation of solar energy projects of any complexity, including obtaining the permits for construction and operation in your country or abroad.

We offers financing  for the construction of a solar thermal power plant, which implies our full responsibility for all stages from design and procurement to construction and installation works.

We are ready to share our knowledge.

Contact us anytime to find out more. 

Email:finance@cpuk-financeltd.com
Website:https://c-pfinanceuk.com/